The demand for an item is constant at 200 units a year. Unit cost is 50, cost

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The demand for an item is constant at 200 units a year. Unit cost is £50, cost of processing an order is £20 and holding cost is £10 per unit per annum. What are the economic order quantity, corresponding cycle length and costs?

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Logistics: An Introduction To Supply Chain Management

ISBN: 9780333963692

1st Edition

Authors: Donald Waters

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Question Posted: May 14, 2024 02:00 AM

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The demand for an item is constant at 200 units a year. Unit cost is 50, cost

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To calculate the economic order quantity EOQ we can use the formula EOQ 2 Annual Demand Holding Cost ...View the full answer

Logistics: An Introduction To Supply Chain Management

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